Overriding Component Level Retention on a Contract

To override component level retention on a contract:

  1. In the Cost Code Breakout/Work Breakdow (WB) table, select the Retention tab.
  2. Choose a component to edit.
  3. In the Override Retention column, enter the new retention rate.

    Note: The Override Retention will apply to any Payment Applications the Subcontractor submits. Retention will not be updated retroactively.

  4. (Optional) In the Default retention % field, enter a new number to update the default retention.
  5. Select the Save Changes button.
    • A Status page confirms the contract has been saved.
    • When the Subcontractor enters an Payment Application for the next period, the retention is automatically calculated.